Job Description
Join the City of San Jose, a vibrant hub of innovation and public service, as our next Senior Pension Plan Administrator. We are seeking a dedicated finance professional to oversee the administration of our public retirement systems, ensuring the financial security and well-being of our dedicated workforce. If you have a passion for public service and a sharp eye for detail, we want to hear from you.
Why Join Us?
• Competitive salary and comprehensive benefits package.
• Stability and growth within the public sector.
• Opportunity to impact the retirement security of thousands of employees.
Responsibilities
- Plan Administration: Manage the day-to-day operations of the City’s defined benefit pension plans, including member record maintenance and benefit calculations.
- Regulatory Compliance: Ensure strict adherence to state and federal regulations, including ERISA, CalPERS guidelines, and the California Government Code.
- Actuarial Analysis: Review actuarial valuations and reports to assess fund status and recommend strategies for long-term sustainability.
- Member Services: Serve as a subject matter expert for employees regarding retirement eligibility, vesting, and payout options.
- Financial Reporting: Prepare complex financial statements and reports for internal stakeholders and external auditors.
- Process Improvement: Identify and implement process improvements to enhance efficiency in pension processing systems.
Qualifications
- Education: Bachelor’s degree in Finance, Actuarial Science, Public Administration, or a related field.
- Experience: Minimum of 5 years of experience in public sector pension administration, actuarial work, or retirement plan management.
- Technical Skills: Proficiency in financial modeling software (e.g., Excel, SQL) and experience with HRIS or pension administration systems.
- Knowledge: Strong understanding of government benefits structures and actuarial principles.
- Communication: Excellent verbal and written communication skills, with the ability to explain complex financial concepts to diverse audiences.
- Attention to Detail: High level of accuracy in data entry and financial analysis.